Xiamen Aonong Investment Co., Ltd. agreed to acquire stake in 8 companies in China from Hubei Gaibeisi Aonong Biological Co., Ltd., Aonong Youkang Technology Co., Ltd., Xiamen Aonong Modern Agricultural Technology Co., Ltd., Fujian Aonong Biological Technology Group Incorporation Limited (SHSE:603363) and Zhangzhou Aomu Trading Co., Ltd for CNY8 on December 8, 2023. As part of the transaction, Xiamen Aonong Investment Co., Ltd is acquiring 49% equity of Quyang Aonong Agricultural Development , 49% equity of Jiangsu Rongyou Agriculture and Animal Husbandry Technology , 49% equity of Xinle Aonong Agricultural Development , 49% equity of Meishan Aonong Modern Animal Husbandry, 49% equity of Quyang Aomu Breeding, 19% equity of Xiangyang Aonong Xuesheng Animal Husbandry and Breeding, 39% equity of Fuyang Aononghemu Livestock Breeding and 49% equity of Yongxin County Aoxiang Ecological Agriculture Technology. Transaction is already approved by Fujian Aonong Biological Technology Group Incorporation Limited's Board of director's but is still subject to Fujian Aonong Biological Technology Group Incorporation Limited's shareholders.